Throughout the course, you will be assigned “Creative Assignments” that will allow you to present information in formats other than formal academic writing.
Section 4.2 of your textbook describes demand and supply of funds in financial markets, where suppliers lend money, demanders borrow money, and the interest rate is the price of these loans. This model is presented in general terms, referring to borrowed and loand funds in general. In real financial markets, there are many different financial markets with different interest rates depending on the type of loan.
Part 1: For this assignment, you will explore the variety of interest rates. Go to the Federal Reserve Economic Data (FRED) website (https://fred.stlouisfed.org/categories/22) and click on an interest rate category that interests you and has at least one year of data. Design an infographic that contains the name of the interest rate, its highest point, lowest and most current value. Be sure your infographic demonstrates a brief description of the lenders and borrowers. Does this interest rate fluctuate a lot? Can you provide any insight into why it might fluctuate or why it might remain stable?
Note: Identify any sources that you might use – this can be done as a footnote on the infographic itself. Strict APA format is not required as long you provide enough information so that your source(s) can be found.
Part 2: Give some thought about the impact of this interest rate on different people and institutions in the economy. Summarize your insights in a sentence or two and include your insights to accompany your infographic. Try to use economic theory to arrive at your insights – do not copy this portion of the assignment from other sources.
Access the article that describes what an infographic is (https://venngage.com/blog/what-is-an-infographic/) to get an idea what you will be creating. The infographic should include pictures, clip art, photos, words, numbers, or anything you can think of to convey your idea. You may use any tool you would like to create your infographic. Softwares include but not
